Here is private sector employment by the numbers (these are private sector jobs figures from the Bureau of Labor Statistics). Between 2003 and 2007, we added 1,750,000 jobs per year or 7 million jobs over 4 years (average of 146k per month). Between 12/2008 and 12/2010, 7 million jobs were lost (avg. 292k per month) In 2008, 1 million jobs were lost (avg. 83k | Read More »

The unemployment rate stats just came out this morning. It is reported to be steady at last months rate of 8.3%. How the unemployment rate is factored is quite flawed, and the reported percentage is no where near what the title “unemployment rate” implies. First of all, the Bureau of Labor Statistics (http://bls.gov) surveys just 60,000 households on a monthly basis. The preferred method of | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the February unemployment report, how the positive unemployment trend helps Obama’s reelection hopes, and the big news from Greece this week. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the February unemployment report, how the positive unemployment trend helps Obama’s reelection hopes, and the big news from Greece this week. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to | Read More »

In a recent oration, V. Jarrett proposed that “People Who Receive that Unemployment Check Go Out and Spend It and Help Stimulate the Economy” http://www.weeklystandard.com/blogs/valerie-jarrett-people-who-receive-unemployment-check-go-out-and-spend-it-and-help-stimulate-economy_631716.html This is a totally absurd thought. Take this to a logical example. If a 3rd party, say a government, extorts a dollar from me, since I am a worker who own my own business. Let’s say I make pizza, and | Read More »

The good folks at the RNC took a look at what candidate Obama promised in Nevada during the 2008 presidential campaign … and the record of failure that followed. The result reveals President Obama’s failure to live up to candidate Obama’s promises. In a new video the RNC reminds us of how Obama’s failed promises impact Nevada. Nevada has the highest unemployment rate in the country | Read More »

The good folks at the RNC took a look at what candidate Obama promised in Nevada during the 2008 presidential campaign … and the record of failure that followed. The result reveals President Obama’s failure to live up to candidate Obama’s promises. In a new video the RNC reminds us of how Obama’s failed promises impact Nevada. Nevada has the highest unemployment rate in the country | Read More »

If anyone joined the Democrats and the Old Establishment Republicans to celebrate the slight decrease in the unemployment rate, you may want to reconsider the motives behind this news. Is the 8.3 % unemployment accurate? Logic tells you it couldn’t possible true, but the banks, Wall Street, Obama and the Democrats are in the streets doing an “I told you so” dance. But buyers beware, | Read More »

Over at the American Enterprise Institute, James Pethokoukis modeled the economy and the effect of the economy on the 2012 elections. He calculated what unemployment would look like under 28 different scenarios, varying both job and labor force growth rates to cover the range of possibilities, ad the results look bad if there’s any sort of return to the previous trend, should job growth rates | Read More »

Over at the American Enterprise Institute, James Pethokoukis modeled the economy and the effect of the economy on the 2012 elections. He calculated what unemployment would look like under 28 different scenarios, varying both job and labor force growth rates to cover the range of possibilities, ad the results look bad if there’s any sort of return to the previous trend, should job growth rates | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss why the latest unemployment report is good politically, but not a sign that the recession is over, the Facebook IPO, and our Super Bowl picks. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss why the latest unemployment report is good politically, but not a sign that the recession is over, the Facebook IPO, and our Super Bowl picks. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. | Read More »

It is said that history is written by the victors. In the case of the 2012 election it’s hard to see how that’s even possible given that with the current trajectory of the GOP primaries we’re all going to end up losers. Rarely does it occur that choices and consequences of government policies are so starkly presented for an electorate as they are today. Unfortunately, | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the slow growth stagnant economy and a nearly nonexistent market for electric cars. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. | Read More »

Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the slow growth stagnant economy and a nearly nonexistent market for electric cars. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. | Read More »